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DEED OF TRUST rr~~ t~ CC r~ <br />Loan No: 9 8 9 225344 (COtt'tIt1U®d) rG [7 0 9 Q ~ J 31 Page 7 <br />Merger. There shall be no merger of the interest ar estate created by this Deed of Trust with any other interest ar estate in the <br />Property at any time held by or for the benefit of Lender in any capacity, without the written consent of Lender. <br />Governing Law. This Deed of Trust will be governed by federal law applicable to Lender and, to the extent not preempted by federal <br />law, the laws of the State of Nebraska without regard to its conflicts of law provisions. This Deed of Trust has been accepted by <br />Lender in the State of Nebraska. <br />Choice of Venue. If there is a lawsuit, Trustor agrees upon Lender's request to submit to the jurisdiction of the courts of HALL <br />County, State of Nebraska. <br />Joint and Several Liabili#y. All obligations of Borrower and Trustor under this Deed of Trust shall be joint and several, and all <br />references to Trustor shall mean each and every Trustor, and all references to Borrower shall mean each and every Borrower. This <br />means that each Trustor signing below is responsible for all obligations in this Deed of Trust. <br />No Waiver by Lander. Trustor understands Lender will not give up any of Lender's rights under this Deed of Trust unless Lender does <br />so in writing. The fact that Lender delays or omits to exercise any right will not mean that Lender has given up that right. If Lender <br />does agree in writing to give up one of Lender's rights, that does not mean Trustor will not have to comply with the other provisions <br />of this Deed of Trust. Trustor also understands that if Lender does consent to a request, that does not mean that Trustor will not <br />have to get Lender's consent again if the situation happens again. Trustor further understands that just because Lender consents to <br />one nr more of Trustor's requests, that doss not mean Lender will be required to consent to any of Trustor"s future requests. Trustor <br />waives presentment, demand for payment, protest, and notice pf dishonor. <br />----6everabilitp. +€ a court fir~stktiat--arm-pFavisien~f ~ ^oe,~ ^f rr„~r is iwiualid~c_shauld~a~be~nfc~rced,_tha; fact.by_.iLsalf..will .oat <br />mean that the rest of this Deed of Trust will not bs valid or enforced. Therefore, a court will enforce the rest of the provisions of this <br />Deed of Trust even if a provision of this Dasd of Trust may be found to be invalid or unenforceable. <br />Successors and Assigns. Subject to any limitations stated in this Deed of Trust on transfer of Trustor's interest, this Deed of Trust <br />shall be binding upon and inure to the benefit of the parties, their successors and assigns. If ownership of the Property becomes <br />vested in a person other than Trustor, Lender, without notice to Trustor, may deal with Trustor's successors with reference to this <br />Deed of Trust and the Indebtedness by way of forbearance or extension without releasing Trustor from the obligations of this Dsed of <br />Trust or liability under the Indebtedness. <br />Time is of the Essence. Time is of the essence in the performance of this Deed of Trust. <br />Waiver of Womestead Exemption. Trustor hereby releases and waives all rights and benefits of the homestead exemption laws of the <br />State of Nebraska as to all Indebtedness secured by this Deed of Trust. <br />DEFINITIONS. The following words shall have the following meanings when used in this Deed of Trust: <br />Beneficiary. The word "Beneficiary" means Five Points Bank, and its successors and assigns. <br />Borrower. The word "Borrower" means LINDA S NUSS and includes all co-signers and co-makers signing the Note and all their <br />successors and assigns. <br />Deed of Trust. The words "Deed of Trust" mean this Deed of Trust among Trustor, Lender, and Trustee, and includes without <br />limitation all assignment and security interest provisions relating to the Personal Property and Rents. <br />Environmental Laws. The words "Environmental Laws" mean any and all state, federal and local statutes, regulations and ordinances <br />relating to the protection of human health or the environment, including without limitation the Comprehensive Environmental <br />Response, Compensation, and Liability Act of 1980, as amended, 42 U.S.C. Section 9801, et seq. ("CERCLA"-, the Superfund <br />Amendments and Reauthorization Act of 1986, Pub. L. No. 99-499 ("SARA"-, the Hazardous Materials Transportation Act, 49 U.S.C. <br />Section 1801, et seq., the Resource Conservation and Recovery Act, 42 U.S.C. Section 6901, et esq., ar other applicable state or <br />federal laws, rules, nr regulations adopted pursuant thereto. <br />Event of Default. The wards "Event of Default" mean any of the events of default set forth in this Deed of Trust in the events of <br />default section of this Deed of Trust. <br />Hazardous Substances. The words "Hazardous Substances" mean materials that, because.. of their quantity, c.oncantration or <br />physical, chemical or infectious characteristics, may cause or pose a present or potential hazard tp human health or the environment <br />when improperly used, treated, stored, disposed of, generated, manufactured, transported or otherwise handled. The words <br />"Hazardous Substances" are used in their very broadest sense and include without limitation any and all hazardous or toxic <br />substances, materials or waste as defined by or listed under the Environmental Laws. The term "Hazardous Substances" also <br />includes, without limitation, petroleum and petroleum by-products or any fraction thereof and asbestos. <br />Imprcvements. The word "Improvements" means all existing and tuture improvements, buildings, structures, mobile homes affixed on <br />the Real Property, facilities, additipns, replacements and other construction on the Real Property. <br />Indebtedness. The word "Indebtedness" means all principal, interest, and other amounts, costs and expenses payable under the Note <br />pr Related Documents, together with all renewals pf, extensions of, modifications of, consolidations of and substitutions for the Note <br />or Related Documents and any amounts expended or advanced by Lender to discharge Trustor's obligations or expenses incurred by <br />Trustee or Lender to enforce Trustnr's obligations under this Deed of Trust, together with interest on such amounts as provided in this <br />Deed of Trust. Specifically, without limitation, Indebtedness includes the future advances set forth in the Future Advances provision <br />of this Deed of Trust, together with all interest tharean. <br />Lender. The word "Lender" means Five Paints Bank, its successors and assigns, The words "successors or assigns" mean any <br />person or company that acquires any interest in the Note. <br />Note. The word "Nate" means the promissory note dated October 19, 2009, In the original principal amount Of <br />$27,835.50 from Borrower to Lender, together with all renewals of, extensions of, modifications of, refinancings of, consolidations <br />of, and substitutions fnr the promissory note or agreement. Ths maturity date of this Deed of Trust is October 15, 2014. <br />